Although many companies will experience a discount relative to Ashares after listing on the Hong Kong stock market, in terms of the company's own development strategy, this is a party worth attending.
On the one hand, listing on the Hong Kong stock market can provide companies with new financing channels . As a bridgehead connecting overseas financial markets, Hong Kong has a high degree of internationalization and a diversified investor structure, including sovereign funds, pension funds, various institutional investors and retail investors at home and abroad, which can greatly enhance the international capital participation of domestic enterprises.
On the other hand, it is also conducive to deepening the overseas hong kong phone number list sindustry's understanding of the company and thus promoting the company's business overseas.
Midea Group once disclosed in a public announcement that the purpose of raising funds is to expand overseas business, mainly through global R&D investment, intelligent manufacturing system and supply chain management upgrades, and improving global distribution channels and sales networks.
Junda shares also stated that the funds raised from this Hong Kong IPO will be used for the construction of overseas production capacity of highefficiency batteries, overseas market expansion and the construction of overseas sales and operation systems.